Key Takeaways:
XRP holders are accepting losses more often as market confidence fades.Glassnode says current behavior reflects a period of intense investor capitulation.A sustained recovery may depend on stronger demand and improving market sentiment.“That dynamic has fully inverted.”
Current conditions sit far below the neutral 1 threshold, showing that loss-taking has become the dominant behavior among active participants. Such readings are typically associated with capitulation, when investors exit positions despite unfavorable prices after a prolonged change in sentiment.
Falling XRP Fees Point to Weaker Network Demand After Earlier SurgeGlassnode wrote:
“A ratio this deep below 1 reflects a market where the majority of participants who are moving coins are doing so at a loss, a hallmark of intense capitulation.”

















